OneMain Holdings Reports Q2 2026 Earnings with Mixed Performance
OneMain Holdings, Inc. (NYSE: OMF) reported second-quarter earnings for 2026 on July 29, showing a decline in both pretax and net income compared to the prior year quarter. The company recorded $196 million in pretax income and $152 million in net income, down from $214 million and $167 million respectively in Q2 2025. Earnings per diluted share were reported at $1.32 for the current period versus $1.40 previously. The company declared a quarterly dividend of $1.05 per share, to be paid on August 14, and repurchased approximately 576 thousand shares during the quarter for $32 million. Despite lower earnings year-over-year, OneMain reported growth in managed receivables reaching $26.9 billion at June 30, up from $25.2 billion a year earlier. The Consumer and Insurance segment showed adjusted net income of $151 million compared to the prior year's $173 million. Capital generation increased slightly due to higher loan originations and improved yields but was partially offset by rising charge-offs.
Tickers: $OMF
Topics: dividend_announcement financial_results share_repurchase